Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Port of Brownsville Welcomes Local, Industry Leaders at State Address

Port of Brownsville Welcomes Local, Industry Leaders at State Address

US Sanctions Cuban State Oil Company

US Sanctions Cuban State Oil Company

Los Angeles Adopts $3.4 Billion Port Budget

Los Angeles Adopts $3.4 Billion Port Budget

Spiridon II Livestock Transport Organizer Due in Court

Spiridon II Livestock Transport Organizer Due in Court

Subscribe for Maritime Logistics Professional E‑News

Shell pauses its $3 billion share purchase ahead of ARC vote
UK Tax Authority wins dispute with Bolt which could affect Uber
American Airlines will resume US flights to Haiti by November